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Home   About Us   Membership   Education   Events   Contact Us           October 21, 2014


Blueprints for Building Better Partnerships

At Envoy, we’re committed to working with you to build better homes and better financing.

 

Early General Election voting has begun
TAB
Early voting is underway and ends on Oct. 31. During this period, you may vote at any polling location in your county. Check for early voting times and locations on your county voter registrar website. Attached is a list of general election candidates that are supported by HOMEPAC, the registered, non-partisan, political action committee of the Texas Association of Builders, in the 2014 General Election. All decisions to support a legislative or statewide candidate are made by the HOMEPAC Board of Trustees. Decisions to support a candidate are based upon their demonstrated understanding of issues affecting the Texas residential construction and development industry and dedication to issues affecting homeowners and future Texas home buyers.

Please remember to vote YES to pass Proposition 1— The November 2014 statewide ballot proposition is a constitutional amendment authorized by SJR 1 which legislators approved last year. The amendment would authorize annual disbursements from the state's oil and gas production tax collections to the State Highway Fund. An estimated $1.7 billion would be transferred into the State Highway Fund in the first year alone. The amendment would provide a significant step toward meeting the unmet funding needs for transportation projects in Texas.
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Supreme Court allows Texas voter ID law for now
CNN
Texas election officials can go ahead and enforce a controversial voter identification law opposed by the Obama administration and civil rights groups, the U.S. Supreme Court said. The decision comes just two days before early voting begins in the state. U.S. Attorney General Eric Holder said it was "a major step backward to let stand a law...(that was) designed to discriminate."
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Falling oil prices threaten shale boom
The Dallas Morning News
As crude prices continue to fall, talk is turning to the most dreaded word in the oil industry: downturn. From drilling rigs in South Texas to investment offices in Dallas and beyond, the industry is watching with dread as West Texas Intermediate, the U.S. benchmark, has declined more than 20 percent since July. At $82 a barrel, crude is at its lowest level since 2012, bringing the high-cost hydraulic fracturing revolution under increasing scrutiny.
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Greg Abbott, Wendy Davis launching extensive voter turnout efforts
The Dallas Morning News
Greg Abbott and Wendy Davis have bickered over issues, staged two debates and watched as their staffs constantly sniped at each other for months. They've made appeals to women, minorities and other groups. Now, the real fight to become Texas' next governor begins. Texans can vote early for two weeks, and both campaigns are launching extensive efforts to push friendly voters to the polls. The candidates' voter turnout operations, developed largely outside public view, are the last bastion of pure politics.
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Wendy Davis and the ever-longer odds
Politico
The closer Wendy Davis gets to Election Day, the more of a long shot her bid for governor seems. Her hometown newspaper endorsed her opponent in the Texas race over the weekend. The Supreme Court's decision to allow for a voter identification requirement has Democrats here even more worried about turnout. And in Texas political circles, the question is not whether Davis will lose, but by how much.
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PRODUCT SHOWCASE
  OUR NEW ONSITE APP HELPS YOU BUILD A BETTER HOUSE
Installing Norbord’s OSB products may seem pretty straightforward to an experienced builder or framer, but mistakes do happen—and they tend to be expensive and time-consuming to fix. So, as a service to our customers and the home building industry, we’re introducing Onsite, the new Norbord app that provides information needed to help prevent mistakes from happening, enabling your people to work effectively with all our OSB products.
 


Supporters: Texas roads need more than Prop 1
Houston Chronicle
The campaign to steer state reserve funds to road projects is not being waged with yard signs and televised debates but, rather, with chamber of commerce lunches and a smattering of direct mailings. Though largely a quiet campaign, supporters of Prop. 1 said they are optimistic the proposal will pass muster with voters, and, they hope, set up subsequent efforts to shore up Texas' teetering highway system.
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Texas gubernatorial candidates encourage voters to cast ballots early
Fort Worth Star-Telegram
Texas' gubernatorial candidates hit the road, urging voters to head to the polls and lock in their votes for the Nov. 4 ballot sooner rather than later. Democratic nominee Wendy Davis cast her own ballot early Monday in Fort Worth — on the first day of early voting — telling supporters she was "so excited to have finally arrived at this day" before she headed to Beaumont for a block walk with her volunteers.
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TxDOT Commissioner says new funding could change reliance on toll roads
KERA News
In addition to the many candidates on the Nov. 4 ballot, Texans are voting on a constitutional amendment known as Proposition 1. If it passes, a portion of oil and gas tax money flowing into the state's rainy day savings account will be used for transportation. Officials, however, warn that Proposition 1 will only provide part of the $5 billion needed each year just keep traffic gridlock from getting worse. KERA's Shelley Kofler talked with Texas Transportation Commissioner Victor Vandergriff of Arlington about other options, including toll roads.
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  PRODUCT SHOWCASES
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John Cornyn to Ted Cruz: To win the White House, we must govern
Austin American-Statesman
Attention Ted Cruz: U.S. Sen. John Cornyn — who will be the Senate majority whip if, as now seems likely, Republicans seize control of the Senate Nov. 4 — said that his party will have to prove it can compromise and govern, or forfeit its chances of winning the White House in 2016.
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Gain in home building points to sustained US growth
Bloomberg
Builders started work on more homes in September and American consumers this month were the most optimistic in seven years, signaling the U.S. economy will ride out a global slowdown. Housing starts climbed 6.3 percent to a 1.02 million annualized rate from a 957,000 pace in August as multifamily and single-family projects advanced, the Commerce Department reported in Washington. The Thomson Reuters/University of Michigan preliminary sentiment index for October increased to 86.4, the strongest since July 2007, another report showed.
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  FEATURED COMPANIES
RoyOMartin offers extended-length OSB panels for roof and sidewall applications.

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Sluggish economy drives surge in apartment construction
The New York Times
Construction companies broke ground on more apartment complexes in September, pushing up the pace of home building. Housing starts rose 6.3 percent to a seasonally adjusted annual rate of 1.017 million homes, the Commerce Department said. Almost all gains came from apartment construction, a volatile category, which increased 18.5 percent after plunging in August.
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TAB News Briefs

Colby Horton, Vice President of Publishing, 469.420.2601
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Caitlin McNeely, Senior Editor, 469.420.2692 
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